Daily Newsletter-Agri Commodity 25/05/2012
www.capitalheight.com
info@capitalheight.com Phone- (0731)4295950
MARKET WRAP Mentha Oil continue to decline on higher production concerns. Cardamom hits upper circuit of 4% on lower production estimates. Turmeric declines 1.7% as fresh arrivals hits spot market.
Chana opened with positive trend but it could not sustain its gain and declines in the later half of trading session. Trend remains weak in the next sessions. Jeera recovered nearly 1% on good spot demand. But trend may remains bearish due to higher supply. Pepper continued its fall. It declines nearly 2%. Prices may recover from 38000 level.
COMMODITY
P. CLOSE
LAST CLOSE
NET CHANGE
% CHANGE
CARDAMOM
1,301.00
1,353.00
52.00
4.00
CHANA
4,146.00
4,140.00
-6.00
-0.14
GUR
1,124.00
1,124.00
0.00
0.00
JEERA
12,992.00
13,115.00
123.00
0.95
MENTHA OIL
1,342.00
1,289.00
-53.00
-3.95
PEPPER
38,925.00
38,220.00
-705.00
-1.81
POTATO
1,078.00
1,096.00
18.00
1.67
RM SEED
3,660.00
3,666.00
6.00
0.16
SOYABEAN
3,268.00
3,270.00
2.00
0.06
TURMERIC
3,920.00
3,864.00
-56.00
-1.43
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
TECHNICAL VIEW CARDAMOM (JUNE) Trend
•Bullish • Buy on dips
Strategy Resistance Support
• R2 - 1374 • R1 - 1360 • S1 - 1346 • S2 - 1332
CHANA (JUNE) Trend Strategy Resistance
• R2 - 4245 • R1 - 4175
Support
• S1 - 4105 • S2 - 4035
GUR (JUNE) Trend
• Bullish • Buy on dips
Strategy
• Consolidate • Buy on dips
POTATO (JUNE) Trend Strategy
• Consolidate • Buy on dips
Resistance
• R2 - 1145 • R1 - 1131
Resistance
• R2 - 1117 • R1 - 1103
Support
• S1 - 1117 • S2 - 1103
Support
• S1 - 1089 • S2 - 1075
JEERA (JUNE) Trend
Strategy
• Bearish • Sell on high
MENTHA OIL (MAY) Trend
Strategy
• Consolidate • Sell on high
Resistance
• R2 - 13565 • R1 - 13265
Resistance
• R2 - 1328 • R1 - 1302
Support
• S1 - 12965 • S2 - 12665
Support
• S1 - 1276 • S2 - 1250
PEPPER (JUNE) Trend Strategy
• Consolidate • Sell on high
RM SEED (JUNE) Trend Strategy
• Consolidate •Sell on high
Resistance
• R2 - 39250 • R1 - 38550
Resistance
• R2 - 3776 • R1 - 3701
Support
• S1 - 37890 • S2 - 37190
Support
• S1 - 3631 • S2 - 3556
www.capitalheight.com capitalheight.wordpress.com
info@capitalheight.com Phone- (0731)4295950
SOYABEAN (JUNE) Trend Strategy
• Consolidate • Buy on dips
TURMERIC (JUNE) Trend Strategy
• Consolidate • Sell on high
Resistance
• R2 - 3345 •R1 - 3295
Resistance
• R2 - 4014 • R1 - 3914
Support
• S1 - 3245 • S2 - 3195
Support
• S1 - 3814 • S2 - 3714
Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Money CapitalHeight Research Pvt Ltd. recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money CapitalHeight Research Pvt Ltd. shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of MCX and NCDEX. The metal’s price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Money CapitalHeight Research Pvt Ltd. might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight Research Pvt Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
www.capitalheight.com capitalheight.wordpress.com